Listed by Bang Realty, Trinity Real Estate Investment Services
$884,355
Low Price Point United Rentals - Tulsa, OK MSA
Details
APN 490021552
Property Type Retail, Industrial
Sub Type Shopping Center, Distribution
Square Footage 5,825
Units 1
Cap Rate 6.35%
NOI $56,156
Occupancy 100%
Tenancy Single
Brand/Tenant Tractor Supply, United Rentals
Lease Type NN
Lease Term 16
Lease Expiration 09/30/2031
Remaining Term 5.2
Price per SqFt $152
Year Built 2012
Acreage 8.090
Investment Type Net Lease
Lease Commencement 10/01/2015
Ground Lease No
Retail | 6.35% CAP | 5,825 SqFt
Marketing description
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a United Rental in Chouteau, OK. This property is a low price point asset in the Tulsa MSA with 5+ years remaining on the current term under an NN lease with minimal landlord responsibilities, and the tenant has recently exercised the last renewal option with no option periods remaining.
Property Website: https://trinityreis.com/listing/1207-s-chouteau-ave/
In cooperation with Brian Brockman at Bang Realty-Oklahoma Inc | OK #177814 | [email protected] | (513) 898-1551
Investment highlights
- Low Price Point United Rentals | Tulsa MSA | 5+ Years Remaining on Current Term | No Option Periods
- NN Lease with Minimal LL Responsibilities
- Tenant Recently Exercised Last Renewal Option
- United Rentals is the Largest Equipment Rental Company in the World
- 8+ Acre Parcel with Ample Room for Expansion
- Close Proximity to MidAmerica Industrial Park - Oklahoma's Largest Industrial Park Spanning Over 9,000 Acres
- Chouteau is Home to Mayes County Google Data Center - Google Invested $3 Billion in Facility and Created Over 500 Jobs on Site
- Subject Property is Only About 20 Miles from the City of Tulsa, OK - The Second Largest City in Oklahoma
Listing Contacts
Listed by Bang Realty, Trinity Real Estate Investment Services
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$56,156.00
$4,679.67/mo
Valuation Metrics
0
DSCR
6.35%
Cap Rate
6.35%
ROI
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